This paper investigates price-setting for truly homogenous products sold in markets without any formal trade barriers. We use data from IKEA, a furniture company selling identical products in an identical shopping environment in different EU countries. We get four remarkable outcomes: 1) The law...

Over the last 15 years, the Netherlands has experienced a tremendous jobs boom, mainly in services and female employment. This has often been related to changes in the Dutch institutional environment. Using a model which allows for direct utility of work, we find that institutional arrangements...